The Board of Directors of LLYC has agreed to call the Ordinary General Shareholders’ Meeting of the firm, to be held at its headquarters in Madrid on April 27 at 12 pm. The agenda includes the approval of the annual accounts for financial year 2021 and the proposed distribution of an extraordinary dividend of 0.132 euros per share charged to the share premium reserve, amounting to a total gross payout of close to 1.5 million euros. This will be paid out on July 15 this year.
In addition, the Board of Directors will submit the consultancy firm’s first stock option plan for shareholder approval. This will benefit a select group of almost 50 of the firm’s executives, who will be entitled to receive a total of nearly 3% of the shares in LLYC S.A., at the opening trading price, in the event that certain requirements are complied with by December 31, 2024. The plan, which the six leading shareholders are excluded from, seeks to recognize the contribution from these professionals to the positive results and long-term growth of the firm.
All the information on the proposed resolutions to be submitted for the approval of the Ordinary General Shareholders’ Meeting is now available on BME Growth and the website of LLYC.
